Sanofi says board has removed CEO Paul Hudson

Belen Garijo, currently chief executive of Germany's Merck KGaA and previously a Sanofi vice president, will take over at the group's AGM in April, the company said. "Belen Garijo's brilliant international career attests to her strategic vision and her ability to drive profound and value-creating transformations," board chairman Frederic Oudea said in a statement. "She has the experience and profile to accelerate the pace, strengthen the quality of execution of strategy and lead the next growth cycle of the company...